Forecast tables. 1 Summary Items. 2 Summary Items continued. 3 GDP Components (1995 prices) 4 GDP Components (Annual Percentage Change)

Table Title 1 Summary Items 2 Summary Items continued 3 GDP Components (1995 prices) 4 GDP Components (Annual Percentage Change) 4(a) GDP Components (Q-on-Q Annual Percentage Change) 5 Households Sector Income and Expenditure 6 Households Sector Income and Expenditure (Annual Percentage Change) 7 Trade and Balance of Payments 8 Trade and Balance of Payments (Annual Percentage Change) 9 Cross Exchange Rates 10 Labour Market Indicators (Thousands) 11 Labour Market Indicators (Annual Percentage Change) 12 Company Sector and Supply Side 13 Company Sector and Supply Side (Annual Percentage Change) 14 Inflation Indicators 15 Government Finances ( billion) 16 Government Finances (Annual Percentage Changes) 17 Public Finances ( billion) 65 Forecast tables

18 Households Sector Financial Assets ( billion) 19 Households Sector Financial Assets (Annual Percentage Changes) 20 Households Sector Financial Liabilities ( billion) 21 Households Sector Financial Liabilities (Annual Percentage Changes) 22 Households Sector Net Financial Wealth and the Money Supply ( billion) 23 Households Sector Net Financial Wealth and the Money Supply (Annual Percentage Changes) 24 The Housing Market 25 The Housing Market (Annual Percentage Changes) 26 The Manufacturing Sector 27 The Manufacturing Sector (Annual Percentage Changes) Forecast tables 66

TABLE 1: Summary Items Annual percentage changes, unless otherwise specified Household Real Savings Real Industrial Unemploy- Average Whole Competit- Producer Headline RPI consumer households' ratio GDP production ment earnings economy iveness prices(ex. RPI excl. expenditure disposable (%) rate product- (1995=100) food,drink mortgage income (%) ivity tob. & petr.) payments (C) (PEDY) (PESR) (GDP) (IP) (UP) (ER) (GDP/ET) (WCR) (PPI) (CPI) (CPIX) 1991-1.6 1.8 10.0-1.4-3.3 7.8 8.9 1.9 116.9 4.7 5.8 6.7 1992 0.6 3.0 11.4 0.2 0.3 9.3 5.6 3.0 110.3 2.3 3.7 4.7 1993 2.7 3.2 10.8 2.5 2.2 9.7 3.6 3.2 99.9 2.6 1.6 3.0 1994 3.1 1.6 9.3 4.7 5.4 8.7 2.8 3.8 103.0 2.3 2.5 2.4 1995 1.8 2.6 10.0 2.9 1.7 7.6 3.4 2.0 100.0 4.1 3.4 2.8 1996 3.9 2.4 9.1 2.6 1.2 6.9 3.2 1.6 104.9 1.9 2.4 3.0 1997 3.9 4.4 9.5 3.4 1.2 5.2 4.5 1.5 126.3 0.2 3.1 2.8 1998 3.7-0.2 6.0 2.9 1.0 4.5 4.5 1.3 139.9-0.1 3.4 2.7 1999 4.6 3.9 5.1 2.4 0.8 4.1 4.2 1.2 138.4-0.3 1.6 2.3 2000 5.1 4.6 4.3 3.1 1.7 3.6 4.3 2.0 138.8 0.8 2.9 2.1 4.1 6.6 6.2 1.9-2.1 3.2 5.1 1.4 135.2 0.2 1.8 2.1 3.3 1.9 5.4 1.8-2.3 3.1 4.0 1.6 136.7 0.2 1.4 2.0 2.7 2.1 4.9 2.8 2.2 3.1 4.2 2.5 133.1 0.3 2.8 2.0 2.1 2.7 5.4 2.5 2.5 3.2 4.5 1.9 128.7 0.5 2.9 2.3 2.2 2.7 5.8 2.5 1.9 3.5 4.4 1.8 127.4 0.8 2.6 2.4 2.7 2.7 5.8 2.7 1.6 3.7 4.2 2.2 127.9 0.8 1.9 2.2 I 4.2 8.5 7.0 2.3 1.0 3.3 5.7 1.4 133.8 0.4 2.6 1.9 II 3.9 6.2 6.3 2.1-1.6 3.2 5.9 1.4 135.3 0.3 1.9 2.3 III 3.9 5.2 5.8 1.9-2.7 3.2 4.6 1.4 135.4 0.1 1.8 2.4 IV 4.2 6.6 5.7 1.5-5.0 3.2 4.3 1.2 136.4 0.0 1.0 2.0 I 3.5 1.6 5.6 1.1-5.7 3.1 3.6 0.9 138.0 0.1 1.2 2.4 II 3.6 2.4 5.4 1.6-2.7 3.1 4.0 1.5 136.7 0.3 1.2 1.9 III 3.2 2.4 5.3 1.9-1.8 3.1 4.2 1.6 137.1 0.3 1.3 1.7 IV 2.8 1.3 5.2 2.5 1.1 3.1 4.2 2.2 135.1 0.3 2.0 2.0 I 3.0 2.5 5.2 3.0 2.7 3.1 4.4 2.8 134.3 0.4 2.3 1.9 II 2.7 2.0 4.7 2.7 1.3 3.1 4.0 2.4 134.2 0.2 2.7 2.1 III 2.6 1.9 4.7 2.7 2.2 3.1 4.1 2.4 132.8 0.2 3.0 2.1 IV 2.4 2.0 4.9 2.7 2.5 3.1 4.3 2.3 131.0 0.3 3.1 2.2 I 2.3 2.3 5.2 2.7 2.7 3.2 4.3 2.1 130.0 0.4 3.2 2.3 II 2.2 2.7 5.3 2.5 2.7 3.2 4.4 1.9 129.4 0.5 2.9 2.3 III 2.1 3.0 5.5 2.4 2.4 3.2 4.5 1.8 128.5 0.6 2.7 2.2 IV 2.1 3.0 5.7 2.4 2.1 3.3 4.5 1.7 127.0 0.7 2.6 2.3 I 2.1 2.9 5.9 2.4 2.0 3.4 4.5 1.7 126.6 0.8 2.6 2.3 II 2.2 2.7 5.7 2.4 1.9 3.4 4.5 1.7 127.5 0.8 2.6 2.4 III 2.3 2.6 5.8 2.5 1.9 3.5 4.4 1.9 128.0 0.8 2.6 2.3 IV 2.4 2.5 5.8 2.6 1.8 3.6 4.3 2.0 127.5 0.8 2.4 2.3 I 2.5 2.3 5.7 2.7 1.7 3.6 4.3 2.2 127.8 0.8 2.2 2.3 II 2.7 2.8 5.8 2.7 1.6 3.6 4.2 2.2 128.2 0.8 1.9 2.2 III 2.8 2.8 5.8 2.7 1.5 3.7 4.2 2.2 128.3 0.8 1.7 2.2 IV 2.8 2.7 5.7 2.7 1.5 3.7 4.1 2.2 127.5 0.8 1.8 2.2 67

TABLE 2: Summary Items Trade Current Current Government Government Short-TermLong-Term Real Real Dollar Euros Effective balance account account financial financial interest interest short-term long-term per per rate (pound bn) (pound bn) (% of GDP) balance balance rate rate interest interest pound pound (1990=100) (pound bn) (% of GDP) rate rate (BVI/1000) (BCU/1000) (BCU*100 (GB/1000) (GB*100 (RSH) (RLG) (Note 1) (Note 1) (RXD) (RXEURO) (RX) /GDP!) /GDP!) 1991-10.2-10.7-1.8-18.2-3.1 11.52 10.08 5.7 4.2 1.77 1.40 100.8 1992-13.1-13.0-2.1-39.1-6.4 9.62 9.09 5.9 5.4 1.77 1.33 96.9 1993-13.1-11.9-1.9-50.8-7.9 5.94 7.40 4.4 5.8 1.50 1.26 88.9 1994-11.1-6.8-1.0-45.8-6.7 5.50 8.01 3.0 5.5 1.53 1.27 89.2 1995-12.0-9.0-1.3-41.4-5.8 6.68 8.16 3.3 4.7 1.58 1.19 84.8 1996-13.7-8.7-1.1-33.7-4.4 6.02 7.79 3.6 5.4 1.56 1.21 86.3 1997-12.3-1.7-0.2-17.7-2.2 6.83 7.02 3.7 3.9 1.64 1.45 100.5 1998-21.8-4.8-0.6 2.0 0.2 7.34 5.53 3.9 2.1 1.66 1.49 103.9 1999-27.4-19.7-2.2 10.3 1.1 5.45 4.98 3.9 3.4 1.62 1.52 103.7 2000-30.3-19.2-2.0 15.6 1.6 6.11 5.26 3.2 2.3 1.52 1.64 107.5-33.5-20.5-2.1 8.8 0.9 4.97 4.91 3.1 3.1 1.44 1.61 105.8-31.8-20.9-2.0-10.9-1.1 4.14 5.02 2.7 3.6 1.50 1.57 104.6-37.4-24.9-2.3-12.4-1.1 4.88 4.94 2.1 2.2 1.53 1.51 101.3-43.2-29.2-2.6-15.2-1.3 5.25 4.96 2.4 2.1 1.50 1.46 98.6-47.7-32.5-2.7-17.5-1.5 5.19 4.99 2.6 2.4 1.54 1.43 97.3-49.8-33.9-2.7-16.2-1.3 4.56 5.00 2.7 3.1 1.57 1.43 97.7 I -8.0-4.3-1.8 4.3 1.8 5.64 4.85 3.1 2.3 1.46 1.58 104.5 II -9.1-6.1-2.5 3.6 1.4 5.23 5.07 3.3 3.1 1.42 1.63 106.4 III -8.1-3.6-1.5 3.4 1.4 4.92 5.00 3.1 3.2 1.44 1.62 106.1 IV -8.4-6.5-2.6-2.5-1.0 4.09 4.73 3.0 3.7 1.44 1.61 106.1 I -7.9-5.6-2.2-3.7-1.5 4.01 5.02 2.8 3.8 1.43 1.63 106.9 II -7.5-4.7-1.8-2.3-0.9 4.11 5.19 2.9 4.0 1.46 1.59 105.4 III -7.9-5.1-1.9-2.0-0.8 4.18 4.94 2.9 3.7 1.56 1.54 103.6 IV -8.4-5.5-2.1-2.8-1.1 4.25 4.94 2.3 3.0 1.56 1.52 102.6 I -8.9-5.9-2.2-3.2-1.2 4.50 4.94 2.2 2.7 1.55 1.52 102.1 II -9.2-6.2-2.3-2.4-0.9 4.75 4.94 2.0 2.2 1.54 1.51 101.6 III -9.5-6.3-2.3-3.3-1.2 5.00 4.93 2.0 2.0 1.53 1.50 101.1 IV -9.8-6.6-2.4-3.6-1.3 5.25 4.94 2.2 1.9 1.52 1.50 100.6 I -10.2-6.8-2.4-3.7-1.3 5.25 4.95 2.1 1.8 1.51 1.48 99.8 II -10.6-7.1-2.5-3.9-1.4 5.25 4.96 2.3 2.0 1.50 1.47 99.0 III -11.0-7.5-2.6-4.0-1.4 5.25 4.97 2.5 2.3 1.50 1.46 98.2 IV -11.4-7.8-2.7-3.5-1.2 5.25 4.98 2.6 2.4 1.50 1.44 97.5 I -11.7-8.0-2.7-3.7-1.3 5.25 4.99 2.6 2.4 1.51 1.43 97.0 II -11.9-8.1-2.7-3.9-1.3 5.25 4.99 2.6 2.4 1.53 1.43 97.2 III -12.0-8.1-2.7-4.9-1.6 5.25 5.00 2.7 2.4 1.55 1.43 97.4 IV -12.1-8.2-2.7-5.0-1.6 5.00 5.00 2.6 2.6 1.56 1.43 97.6 I -12.3-8.3-2.7-4.5-1.4 4.75 5.00 2.6 2.8 1.57 1.43 97.7 II -12.4-8.4-2.7-3.4-1.1 4.50 5.00 2.6 3.1 1.58 1.43 97.7 III -12.5-8.5-2.7-3.9-1.2 4.50 5.00 2.8 3.3 1.58 1.43 97.7 IV -12.6-8.6-2.7-4.4-1.4 4.50 5.00 2.7 3.2 1.58 1.43 97.7 Note 1 : REAL INTEREST RATES = Nominal interest rate (RSH or RLG) - % change in CPI 68

TABLE 3: Gross Domestic Product and its Components Billion Pounds - 1995 Prices ---------- Final Consumption ------- ------- Gross Capital Formation --- Domestic Total Total Statistical GDP at Households Non-Profit General Gross Changes Acquisit- demand exports imports discrepancy market institutions government fixed in ions less prices investment inventoriesdisposal of valuables (C) (CNPI) (GC) (IF) (IS) (VALAD) (DOMD) (X) (M) (SD) (GDP) 1991 408.9 12.2 137.2 109.5-5.3-0.1 661.8 157.0 168.6 0.0 650.1 1992 411.2 12.4 138.2 108.6-2.0 0.0 667.8 163.7 180.0 0.0 651.6 1993 422.3 14.7 137.2 108.9 0.4 0.0 682.9 170.9 186.0 0.0 667.8 1994 435.4 15.9 138.6 114.0 4.8 0.1 708.8 186.7 196.5 0.0 698.9 1995 443.4 16.5 141.0 117.4 4.5-0.1 722.7 203.5 207.1 0.0 719.2 1996 460.8 16.7 142.7 123.0 1.8-0.2 744.8 220.3 227.0 0.0 738.0 1997 478.7 17.1 142.8 131.4 4.0-0.1 773.9 238.5 249.0 0.0 763.5 1998 496.2 18.3 145.0 148.3 4.8 0.4 812.9 245.8 272.9 0.0 785.8 1999 519.2 18.2 149.4 149.1 6.3 0.2 842.5 258.9 296.7 0.0 804.7 2000 545.8 19.5 152.5 152.0 6.0 0.0 875.8 285.1 331.4 0.0 829.5 567.9 20.4 155.9 151.3 0.4 0.3 896.2 289.2 340.3 0.4 845.6 586.4 21.0 162.7 147.3 3.4 0.3 921.1 284.3 345.1 0.4 860.7 602.1 21.6 168.8 151.7 2.7 0.2 947.1 305.6 368.3 0.4 884.9 615.0 22.1 175.7 157.5 1.6 0.2 972.1 326.8 392.3 0.4 907.0 628.8 22.7 182.1 162.3 2.4 0.2 998.5 346.5 415.7 0.4 929.6 645.7 23.3 187.3 166.9 3.5 0.2 1026.8 367.0 439.3 0.4 955.0 I 140.0 5.1 38.8 38.5 0.0 0.0 222.4 74.7 87.1 0.1 210.1 II 141.1 5.1 38.5 38.6 0.4 0.1 223.7 73.4 85.9 0.1 211.3 III 142.6 5.1 38.9 37.2 0.3 0.2 224.2 71.2 83.5 0.1 212.0 IV 144.2 5.2 39.7 37.1-0.4 0.1 225.9 70.0 83.8 0.1 212.2 I 144.9 5.2 40.5 36.5 0.4 0.1 227.7 69.3 84.6 0.1 212.5 II 146.1 5.2 40.4 36.7 1.1 0.1 229.5 70.5 85.4 0.1 214.7 III 147.2 5.3 40.8 36.9 0.9 0.1 231.1 71.6 86.8 0.1 216.0 IV 148.2 5.3 41.2 37.2 0.9 0.1 232.8 72.9 88.3 0.1 217.5 I 149.2 5.3 41.6 37.4 0.9 0.1 234.5 74.2 89.8 0.1 219.0 II 150.1 5.4 42.0 37.7 0.8 0.1 236.0 75.7 91.3 0.1 220.5 III 151.0 5.4 42.4 38.1 0.6 0.1 237.5 77.2 92.8 0.1 222.0 IV 151.8 5.4 42.8 38.5 0.5 0.1 239.1 78.5 94.3 0.1 223.4 I 152.6 5.5 43.3 38.8 0.4 0.1 240.6 79.8 95.8 0.1 224.8 II 153.3 5.5 43.7 39.2 0.4 0.1 242.2 81.1 97.3 0.1 226.1 III 154.1 5.5 44.1 39.6 0.4 0.1 243.8 82.3 98.8 0.1 227.4 IV 154.9 5.6 44.6 39.9 0.4 0.1 245.4 83.5 100.3 0.1 228.7 I 155.8 5.6 45.0 40.2 0.5 0.1 247.1 84.7 101.8 0.1 230.1 II 156.7 5.6 45.4 40.4 0.6 0.1 248.8 85.9 103.2 0.1 231.6 III 157.6 5.7 45.7 40.7 0.6 0.1 250.4 87.3 104.6 0.1 233.2 IV 158.7 5.7 46.0 41.0 0.7 0.1 252.2 88.6 106.1 0.1 234.8 I 159.7 5.8 46.4 41.3 0.9 0.1 254.1 89.7 107.5 0.1 236.4 II 160.9 5.8 46.7 41.6 0.9 0.1 255.9 91.1 109.1 0.1 238.0 III 162.0 5.8 47.0 41.9 0.8 0.1 257.5 92.4 110.6 0.1 239.5 IV 163.1 5.9 47.3 42.1 0.9 0.1 259.3 93.8 112.1 0.1 241.1 69

Table 4 Gross Domestic Product and its Components Annual percentage changes, unless otherwise specified ---------- Final Consumption ------- ------- Gross Capital Formation ----- Domestic Total Total GDP at Households Non-Profit General Gross Changes Acquisitions demand exports imports market Institutions Government fixed in less disposal prices investment inventories of valuables (% of GDP) (C) (CNPI) (GC) (IF) (IS) (VALAD) (DOMD) (X) (M) (GDP) 1991-1.6 1.1 3.0-8.2-0.8 0.0-2.5-0.1-4.5-1.4 1992 0.6 1.9 0.7-0.9-0.3 0.0 0.9 4.3 6.8 0.2 1993 2.7 18.3-0.7 0.3 0.1 0.0 2.2 4.4 3.3 2.5 1994 3.1 8.0 1.0 4.7 0.7 0.0 3.8 9.2 5.7 4.7 1995 1.8 3.7 1.7 3.1 0.6 0.0 2.0 9.0 5.4 2.9 1996 3.9 1.3 1.2 4.7 0.2 0.0 3.1 8.2 9.6 2.6 1997 3.9 2.2 0.1 6.9 0.5 0.0 3.9 8.3 9.7 3.4 1998 3.7 7.1 1.5 12.8 0.6 0.1 5.0 3.0 9.6 2.9 1999 4.6-0.1 3.1 0.6 0.8 0.0 3.6 5.3 8.7 2.4 2000 5.1 7.0 2.1 1.9 0.7 0.0 3.9 10.1 11.7 3.1 4.1 4.5 2.2-0.4 0.0 0.0 2.3 1.4 2.7 1.9 3.3 2.9 4.4-2.7 0.4 0.0 2.8-1.7 1.4 1.8 2.7 2.7 3.7 3.0 0.3 0.0 2.8 7.5 6.7 2.8 2.1 2.6 4.1 3.8 0.2 0.0 2.6 6.9 6.5 2.5 2.2 2.4 3.7 3.1 0.3 0.0 2.7 6.0 6.0 2.5 2.7 2.7 2.8 2.8 0.4 0.0 2.8 5.9 5.7 2.7 I 4.2 6.5 2.7 3.8 0.0 0.0 3.5 8.7 11.2 2.3 II 3.9 4.6 0.9 3.2 0.2 0.0 2.4 3.5 4.3 2.1 III 3.9 3.6 1.4-1.7 0.1 0.1 1.7-1.4-1.1 1.9 IV 4.2 3.4 3.9-6.7-0.2 0.1 1.8-4.6-2.8 1.5 I 3.5 2.9 4.2-5.1 0.2 0.1 2.4-7.2-2.9 1.1 II 3.6 2.9 4.9-5.0 0.5 0.0 2.6-3.9-0.6 1.6 III 3.2 3.0 4.7-0.7 0.4 0.0 3.1 0.6 3.9 1.9 IV 2.8 2.7 3.8 0.2 0.4 0.0 3.1 4.1 5.4 2.5 I 3.0 2.5 2.8 2.4 0.4 0.0 3.0 7.1 6.2 3.0 II 2.7 3.0 4.1 2.9 0.4 0.0 2.8 7.4 6.9 2.7 III 2.6 2.7 4.1 3.2 0.3 0.0 2.8 7.7 6.9 2.7 IV 2.4 2.7 4.1 3.5 0.2 0.0 2.7 7.7 6.8 2.7 I 2.3 2.7 4.1 3.7 0.2 0.0 2.6 7.5 6.7 2.7 II 2.2 2.7 4.1 3.9 0.2 0.0 2.6 7.2 6.6 2.5 III 2.1 2.5 4.1 3.9 0.2 0.0 2.6 6.7 6.5 2.4 IV 2.1 2.4 4.1 3.7 0.2 0.0 2.7 6.3 6.4 2.4 I 2.1 2.4 4.1 3.5 0.2 0.0 2.7 6.1 6.2 2.4 II 2.2 2.4 3.8 3.1 0.2 0.0 2.7 6.0 6.1 2.4 III 2.3 2.4 3.5 2.9 0.3 0.0 2.7 6.0 5.9 2.5 IV 2.4 2.5 3.3 2.8 0.3 0.0 2.7 6.1 5.7 2.6 I 2.5 2.6 3.0 2.8 0.4 0.0 2.9 5.9 5.7 2.7 II 2.7 2.7 2.9 2.8 0.4 0.0 2.9 6.0 5.7 2.7 III 2.8 2.7 2.8 2.8 0.3 0.0 2.8 5.9 5.7 2.7 IV 2.8 2.7 2.7 2.7 0.4 0.0 2.8 5.9 5.7 2.7 70

TABLE 4: Gross Domestic Product and its Components Quarter on quarter annualised percentage changes, unless otherwise specified ---------- Final Consumption ------- ------- Gross Capital Formation ----- Domestic Total Total GDP at Households Non-Profit General Gross Changes Acquisitions demand exports imports market institutions government fixed in less disposal Prices investment inventories of valuables (% of GDP) (C) (CNPI) (GC) (IF) (IS) (VALAD) (DOMD) (X) (M) (GDP) 1991-1.6 1.1 3.0-8.2-0.8 0.0-2.5-0.1-4.5-1.4 1992 0.6 1.9 0.7-0.9-0.3 0.0 0.9 4.3 6.8 0.2 1993 2.7 18.3-0.7 0.3 0.1 0.0 2.2 4.4 3.3 2.5 1994 3.1 8.0 1.0 4.7 0.7 0.0 3.8 9.2 5.7 4.7 1995 1.8 3.7 1.7 3.1 0.6 0.0 2.0 9.0 5.4 2.9 1996 3.9 1.3 1.2 4.7 0.2 0.0 3.1 8.2 9.6 2.6 1997 3.9 2.2 0.1 6.9 0.5 0.0 3.9 8.3 9.7 3.4 1998 3.7 7.1 1.5 12.8 0.6 0.1 5.0 3.0 9.6 2.9 1999 4.6-0.1 3.1 0.6 0.8 0.0 3.6 5.3 8.7 2.4 2000 5.1 7.0 2.1 1.9 0.7 0.0 3.9 10.1 11.7 3.1 4.1 4.5 2.2-0.4 0.0 0.0 2.3 1.4 2.7 1.9 3.3 2.9 4.4-2.7 0.4 0.0 2.8-1.7 1.4 1.8 2.7 2.7 3.7 3.0 0.3 0.0 2.8 7.5 6.7 2.8 2.1 2.6 4.1 3.8 0.2 0.0 2.6 6.9 6.5 2.5 2.2 2.4 3.7 3.1 0.3 0.0 2.7 6.0 6.0 2.5 2.7 2.7 2.8 2.8 0.4 0.0 2.8 5.9 5.7 2.7 I 4.9 6.1 6.6-11.8 0.0 0.0 0.9 7.1 3.9 2.0 II 3.1 0.4-3.4 1.2 0.2 0.0 2.4-6.9-5.1 2.3 III 4.3 3.7 4.8-14.2 0.1 0.1 0.9-11.4-10.8 1.4 IV 4.7 3.7 7.9-0.9-0.2 0.1 2.9-6.3 1.4 0.4 I 1.9 3.7 8.1-5.6 0.2 0.1 3.2-4.0 3.7 0.6 II 3.4 0.6-1.0 1.5 0.5 0.0 3.3 7.0 4.1 4.2 III 3.0 4.2 4.1 2.4 0.4 0.0 2.8 6.7 6.8 2.5 IV 2.8 2.5 4.1 2.8 0.4 0.0 2.9 7.3 7.1 2.6 I 2.6 2.6 4.1 3.0 0.4 0.0 3.0 7.6 7.0 2.8 II 2.5 2.8 4.1 3.3 0.4 0.0 2.7 8.0 6.8 2.8 III 2.3 2.8 4.1 3.7 0.3 0.0 2.5 8.1 6.6 2.7 IV 2.2 2.7 4.1 4.0 0.2 0.0 2.7 7.3 6.7 2.6 I 2.1 2.6 4.1 3.9 0.2 0.0 2.7 6.8 6.5 2.5 II 2.0 2.5 4.1 4.1 0.2 0.0 2.6 6.4 6.4 2.4 III 2.1 2.4 4.1 3.5 0.2 0.0 2.6 6.2 6.3 2.3 IV 2.1 2.3 4.1 3.4 0.2 0.0 2.7 5.9 6.2 2.4 I 2.2 2.4 4.1 2.9 0.2 0.0 2.7 5.7 5.9 2.4 II 2.4 2.4 3.0 2.8 0.2 0.0 2.7 6.1 5.8 2.6 III 2.4 2.6 3.0 2.7 0.3 0.0 2.7 6.3 5.7 2.7 IV 2.6 2.7 3.0 2.9 0.3 0.0 2.9 6.1 5.6 2.8 I 2.7 2.8 3.0 2.9 0.4 0.0 3.1 5.1 5.6 2.7 II 2.9 2.7 2.5 2.7 0.4 0.0 2.7 6.3 5.8 2.7 III 2.8 2.7 2.5 2.7 0.3 0.0 2.7 6.2 5.6 2.6 IV 2.7 2.6 2.5 2.6 0.4 0.0 2.7 6.2 5.6 2.7 71

TABLE 5: Households' Sector Income and Expenditure Billion pounds, unless otherwise specified Wages Employers' Dividend Government Other Income Social Disposable Real Households' Savings Financial and pension and net transfers income tax security income disposable consumer ratio balance salaries contrib- interest contrib- income expenditure (%) (% of utions receipts utions 1995 prices 1995 prices income) (PEWFP (PEOCR (PEDIV+PENIR) (GCGPE/ (Note 6) (TY/1000) (TSS/1000) (PEDY! (PEDY (C/1000) (PESR) (PENAF*100 /1000) /1000) /1000 1000) /1000) /1000) /PEDY!) 1991 292.9 20.1 11.8 73.9 78.4 65.0 15.6 396.5 450.4 408.9 10.0 5.8 1992 303.0 21.5 12.6 83.7 90.4 67.3 16.1 427.8 464.0 411.2 11.4 7.6 1993 311.6 21.4 12.5 89.2 102.9 65.2 16.8 455.7 478.8 422.3 10.8 6.8 1994 322.2 22.4 13.9 91.3 110.9 69.5 19.2 471.8 486.5 435.4 9.3 4.6 1995 337.0 23.5 18.7 94.9 120.2 74.6 20.6 499.1 499.1 443.4 10.0 5.2 1996 352.3 25.9 19.2 98.0 127.6 75.1 21.2 526.7 510.9 460.8 9.1 4.0 1997 376.9 27.1 21.7 101.0 135.3 75.9 23.6 562.4 533.2 478.7 9.5 4.1 1998 403.1 30.5 16.2 102.0 141.0 91.1 25.1 576.6 532.3 496.2 6.0 0.5 1999 426.6 34.2 15.9 105.9 147.7 96.3 25.3 608.7 553.0 519.2 5.1-0.6 2000 451.2 37.7 16.9 111.8 155.8 105.4 27.2 640.9 578.2 545.8 4.3-1.2 477.7 40.7 19.1 122.2 167.4 111.9 28.8 686.4 616.3 567.9 6.2 1.0 498.2 41.6 16.5 129.5 167.8 117.6 29.9 706.3 628.1 586.4 5.4 0.2 520.4 43.4 15.5 137.8 177.5 125.8 34.2 734.6 641.4 602.1 4.9 0.3 546.2 45.9 15.1 147.9 186.6 132.9 36.9 772.0 659.0 615.0 5.4 1.1 573.3 48.6 15.0 160.0 192.3 139.1 38.7 811.4 676.7 628.8 5.8 1.7 600.2 51.2 15.4 172.8 197.7 145.2 40.5 851.5 694.8 645.7 5.8 1.8 I 117.8 10.4 5.3 29.3 42.7 28.5 7.1 170.0 153.1 140.0 7.0 1.5 II 118.9 10.0 4.4 30.4 41.3 27.7 7.2 170.2 152.8 141.1 6.3 1.4 III 119.9 10.2 5.0 30.8 40.6 27.5 7.3 171.6 153.8 142.6 5.8 0.5 IV 121.1 10.1 4.4 31.8 42.7 28.2 7.3 174.6 156.5 144.2 5.7 0.5 I 122.4 10.6 4.2 31.3 41.8 28.6 7.3 174.4 155.5 144.9 5.6 0.2 II 124.0 10.2 4.2 32.1 41.6 29.1 7.4 175.6 156.5 146.1 5.4 0.1 III 125.3 10.3 4.1 32.5 42.2 29.6 7.5 177.2 157.5 147.2 5.3 0.2 IV 126.6 10.5 4.0 33.6 42.2 30.2 7.6 179.0 158.5 148.2 5.2 0.2 I 128.0 10.6 3.9 33.1 43.9 30.8 7.7 181.1 159.5 149.2 5.2 0.4 II 129.3 10.8 3.9 34.1 44.3 31.2 8.7 182.4 159.7 150.1 4.7 0.1 III 130.8 10.9 3.8 34.6 44.8 31.7 8.8 184.4 160.6 151.0 4.7 0.3 IV 132.4 11.1 3.8 35.9 44.5 32.1 8.9 186.6 161.7 151.8 4.9 0.4 I 134.1 11.2 3.8 35.5 46.6 32.6 9.0 189.5 163.1 152.6 5.2 0.8 II 135.6 11.4 3.8 36.6 46.5 33.0 9.2 191.7 164.1 153.3 5.3 1.0 III 137.4 11.6 3.8 37.2 47.0 33.4 9.3 194.2 165.3 154.1 5.5 1.3 IV 139.1 11.7 3.8 38.6 46.6 33.9 9.4 196.6 166.5 154.9 5.7 1.5 I 140.8 11.9 3.8 38.3 48.6 34.2 9.5 199.6 167.9 155.8 5.9 1.7 II 142.4 12.1 3.7 39.6 48.0 34.6 9.6 201.6 168.5 156.7 5.7 1.6 III 144.2 12.2 3.7 40.2 48.2 35.0 9.7 203.9 169.6 157.6 5.8 1.7 IV 145.9 12.4 3.8 41.8 47.5 35.3 9.8 206.2 170.7 158.7 5.8 1.7 I 147.6 12.6 3.8 41.4 49.1 35.7 10.0 208.9 171.8 159.7 5.7 1.7 II 149.1 12.7 3.9 42.8 49.5 36.1 10.1 211.9 173.2 160.9 5.8 1.8 III 150.9 12.9 3.8 43.4 49.8 36.5 10.2 214.2 174.4 162.0 5.8 1.8 IV 152.6 13.1 3.9 45.1 49.2 36.9 10.3 216.6 175.4 163.1 5.7 1.8 Note 6 : OTHER INCOME = (PEDY! - PEWFP - PEOCR - GCGPE - PEDIV- PENIR + TY + TSS) / 1000 72

TABLE 6: Households' Sector Income and Expenditure Annual percentage changes, unless otherwise specified Wages Employers' Dividend Government Other Income Social Disposable Real Households' Savings Financial and pension and net transfers income tax security income disposable consumer ratio balance salaries contrib- interest contrib- income expenditure (Period (Period utions receipts utions 1995 prices 1995 prices diff.) diff.) (PEWFP) (PEOCR) (PEDIV+ (GCGPE) (Note 6) (TY) (TSS) (PEDY!) (PEDY) (C) (PESR) (PENAF*100 PENIR) /PEDY!) 1991 5.9 10.7-5.9 23.1 15.0 9.5 4.6 9.8 1.8-1.6 2.1 3.5 1992 3.4 6.7 6.8 13.3 15.2 3.5 3.0 7.9 3.0 0.6 1.4 1.7 1993 2.8-0.3-0.7 6.6 13.8-3.3 4.4 6.5 3.2 2.7-0.6-0.8 1994 3.4 4.5 10.9 2.3 7.8 6.7 14.4 3.5 1.6 3.1-1.6-2.2 1995 4.6 5.1 35.0 3.9 8.4 7.3 7.4 5.8 2.6 1.8 0.7 0.6 1996 4.5 10.2 2.4 3.3 6.2 0.7 2.9 5.5 2.4 3.9-0.9-1.2 1997 7.0 4.4 13.3 3.1 6.0 1.0 11.4 6.8 4.4 3.9 0.4 0.2 1998 7.0 12.8-25.5 1.0 4.2 20.0 6.5 2.5-0.2 3.7-3.5-3.7 1999 5.8 12.0-1.6 3.8 4.8 5.7 0.7 5.6 3.9 4.6-0.9-1.1 2000 5.8 10.3 6.2 5.6 5.5 9.5 7.3 5.3 4.6 5.1-0.9-0.6 5.9 7.8 12.9 9.3 7.5 6.2 6.0 7.1 6.6 4.1 2.0 2.1 4.3 2.4-13.4 6.0 0.2 5.0 3.8 2.9 1.9 3.3-0.8-0.8 4.5 4.2-6.1 6.4 5.8 7.0 14.4 4.0 2.1 2.7-0.5 0.1 5.0 5.9-2.5 7.4 5.1 5.6 7.9 5.1 2.7 2.1 0.6 0.9 5.0 5.8-0.8 8.2 3.0 4.7 5.0 5.1 2.7 2.2 0.4 0.5 4.7 5.4 2.6 8.0 2.8 4.4 4.7 4.9 2.7 2.7 0.0 0.1 I 6.9 23.5 21.9 6.5 13.9 12.7 8.3 8.8 8.5 4.2 3.4 3.5 II 6.8 6.9 4.4 9.3 5.8 6.5 6.6 7.0 6.2 3.9 2.6 3.4 III 5.3 7.3 7.5 10.0 2.5 3.4 5.5 5.9 5.2 3.9 1.3 1.2 IV 4.7-3.5 18.8 11.2 8.1 2.6 3.7 6.8 6.6 4.2 0.5 0.5 I 3.9 2.0-20.0 6.9-2.3 0.3 3.6 2.6 1.6 3.5-1.4-1.3 II 4.2 1.9-4.7 5.8 0.7 5.2 3.1 3.2 2.4 3.6-0.9-1.2 III 4.5 1.9-18.8 5.5 4.0 7.6 3.6 3.3 2.4 3.2-0.5-0.3 IV 4.5 4.0-7.9 5.7-1.2 7.1 4.7 2.5 1.3 2.8-0.5-0.3 I 4.6 0.1-7.1 5.8 5.2 7.7 4.9 3.9 2.5 3.0-0.4 0.2 II 4.2 5.5-7.0 6.2 6.5 7.3 17.3 3.9 2.0 2.7-0.7 0.0 III 4.4 5.5-5.4 6.6 6.1 6.9 17.4 4.1 1.9 2.6-0.6 0.1 IV 4.6 5.7-4.9 6.9 5.3 6.3 17.7 4.2 2.0 2.4-0.4 0.2 I 4.7 5.8-3.5 7.2 6.0 5.9 17.8 4.6 2.3 2.3 0.0 0.5 II 4.9 5.9-3.1 7.2 4.8 5.8 4.9 5.1 2.7 2.2 0.6 0.9 III 5.1 6.0-2.2 7.4 4.9 5.5 5.1 5.3 3.0 2.1 0.8 1.0 IV 5.1 5.9-1.3 7.6 4.8 5.3 5.1 5.4 3.0 2.1 0.9 1.0 I 5.1 5.9-1.4 7.9 4.3 5.1 5.1 5.3 2.9 2.1 0.7 0.9 II 5.0 5.8-1.3 8.2 3.2 4.7 5.0 5.2 2.7 2.2 0.5 0.6 III 4.9 5.7-1.2 8.3 2.6 4.5 4.9 5.0 2.6 2.3 0.3 0.4 IV 4.9 5.6 0.6 8.3 2.0 4.4 4.9 4.9 2.5 2.4 0.1 0.2 I 4.8 5.5 2.0 8.2 1.2 4.2 4.8 4.6 2.3 2.5-0.2-0.1 II 4.7 5.4 3.4 8.1 3.2 4.3 4.7 5.1 2.8 2.7 0.1 0.2 III 4.7 5.4 3.3 7.9 3.3 4.5 4.7 5.0 2.8 2.8 0.0 0.1 IV 4.6 5.3 1.8 7.8 3.5 4.6 4.6 5.0 2.7 2.8-0.1 0.0 Note 6 : OTHER INCOME = (PEDY! - PEWFP - PEOCR - GCGPE - PEDIV- PENIR + TY + TSS) / 1000 73

TABLE 7: Trade and Balance of Payments Billion pounds 1995 prices ------ Export Volumes -------- ------ Import Volumes -------- Export Import ---------------------- Billion Pounds ---------------------- Fuel Other Services Fuel Other Services Prices Prices Visible IPD Net Services Current goods goods (g&s) (g&s) balance transfers balance account (XFU) (XGNF (XS (MFU (MGNF (MS (BVI (NIPD! (NETR (XS!-MS! (BCU /1000) /1000) /1000) /1000) /1000) /1000) (PX) (PM) /1000) /1000) /1000) /1000) /1000) 1991 7.5 112.4 37.0 7.7 127.8 33.1 86.6 84.3-10.2-3.3-1.2 4.1-10.7 1992 7.8 115.1 40.9 7.6 136.8 35.6 88.0 84.2-13.1 0.1-5.5 5.5-13.0 1993 9.1 118.5 43.4 7.6 142.2 36.2 95.7 91.5-13.1-0.2-5.2 6.6-11.9 1994 10.3 129.9 46.4 6.6 149.8 40.1 96.7 94.2-11.1 3.3-5.4 6.4-6.8 1995 10.0 143.6 49.9 6.2 159.4 41.5 100.0 100.0-12.0 2.1-7.6 8.5-9.0 1996 9.8 155.5 55.0 6.3 175.0 45.7 101.3 100.1-13.7 1.2-5.8 9.6-8.7 1997 10.0 169.3 59.3 6.6 192.6 49.8 97.1 93.0-12.3 3.9-5.8 12.5-1.7 1998 9.5 172.0 64.3 6.2 210.9 55.8 93.1 87.2-21.8 12.6-8.2 12.7-4.8 1999 10.0 179.4 69.5 5.7 228.1 62.9 91.4 85.0-27.4 2.5-6.7 11.8-19.7 2000 10.6 200.6 73.9 7.1 255.1 69.2 93.0 85.6-30.3 9.3-10.0 11.8-19.2 11.0 205.0 73.3 8.0 263.7 68.6 92.8 85.5-33.5 9.2-7.2 11.1-20.5 11.2 200.7 72.4 8.4 266.1 70.6 94.0 83.1-31.8 6.9-8.5 12.4-20.9 11.5 218.6 75.5 9.1 287.4 71.8 94.8 85.2-37.4 7.3-8.2 13.4-24.9 11.4 236.4 79.0 9.3 308.8 74.1 96.9 88.0-43.2 7.6-8.4 14.8-29.2 11.3 253.1 82.0 9.5 329.3 76.9 98.3 89.6-47.7 8.0-8.5 15.8-32.5 11.2 271.0 84.8 9.7 349.5 79.9 99.3 90.6-49.8 8.4-8.7 16.3-33.9 I 2.7 53.3 18.6 2.0 67.7 17.4 93.8 86.0-8.0 2.6-2.0 3.1-4.3 II 2.7 52.0 18.6 2.1 66.7 17.1 94.3 86.8-9.1 2.0-2.7 3.7-6.1 III 2.8 50.2 18.2 1.7 64.7 17.2 90.3 85.3-8.1 3.6-0.2 1.2-3.6 IV 2.8 49.4 17.8 2.2 64.7 16.9 92.7 83.7-8.4 1.1-2.3 3.1-6.5 I 2.7 48.8 17.9 1.9 65.2 17.5 94.1 82.9-7.9 1.7-2.4 3.0-5.6 II 2.8 49.6 18.0 2.1 65.6 17.6 94.4 83.1-7.5 1.7-2.0 3.1-4.7 III 2.8 50.6 18.2 2.2 66.9 17.7 93.7 82.8-7.9 1.7-2.0 3.1-5.1 IV 2.9 51.7 18.3 2.2 68.3 17.8 93.9 83.4-8.4 1.8-2.0 3.2-5.5 I 2.9 52.8 18.5 2.2 69.7 17.8 94.2 84.1-8.9 1.8-2.0 3.3-5.9 II 2.9 54.0 18.8 2.3 71.2 17.9 94.5 84.8-9.2 1.8-2.1 3.3-6.2 III 2.9 55.3 19.0 2.3 72.5 18.0 95.0 85.6-9.5 1.8-2.1 3.4-6.3 IV 2.9 56.5 19.2 2.3 73.9 18.1 95.6 86.4-9.8 1.8-2.1 3.5-6.6 I 2.9 57.5 19.4 2.3 75.2 18.3 96.1 87.0-10.2 1.9-2.1 3.6-6.8 II 2.9 58.6 19.6 2.3 76.5 18.5 96.5 87.6-10.6 1.9-2.1 3.6-7.1 III 2.8 59.6 19.9 2.3 77.9 18.6 97.2 88.3-11.0 1.9-2.1 3.7-7.5 IV 2.8 60.6 20.1 2.3 79.2 18.8 97.8 89.0-11.4 1.9-2.1 3.8-7.8 I 2.8 61.6 20.2 2.4 80.5 19.0 98.1 89.4-11.7 2.0-2.1 3.9-8.0 II 2.8 62.7 20.4 2.4 81.7 19.1 98.2 89.5-11.9 2.0-2.1 3.9-8.1 III 2.8 63.9 20.6 2.4 82.9 19.3 98.3 89.7-12.0 2.0-2.1 4.0-8.1 IV 2.8 65.0 20.8 2.4 84.2 19.5 98.6 90.0-12.1 2.0-2.2 4.0-8.2 I 2.8 65.9 20.9 2.4 85.4 19.7 98.9 90.1-12.3 2.1-2.2 4.1-8.3 II 2.8 67.2 21.1 2.4 86.7 19.9 99.0 90.3-12.4 2.1-2.2 4.0-8.4 III 2.8 68.4 21.3 2.4 88.0 20.1 99.3 90.7-12.5 2.1-2.2 4.1-8.5 IV 2.8 69.6 21.5 2.5 89.3 20.3 99.8 91.2-12.6 2.1-2.2 4.1-8.6 74

TABLE 8: Trade and Balance of payments Annual percentage changes, unless otherwise specified -------- Export Volumes ---- ---- Import Volumes ------ Export Import ------------------------ % of GDP --------------------------------- Fuel Other Services Fuel Other Services prices prices Visible IPD Net Services Current goods goods (g&s) (g&s) balance transfers balance account (XFU) (XGNF) (XS) (MFU) (MGNF) (MS) (PX) (PM) (BVI*100 (NIPD! (NETR*100 (XS!-MS!) (BCU*100 /GDP!) *100/GDP!) /GDP!) *100/GDP! /GDP!) 1991-0.3 1.1-3.8 3.5-5.9-0.7 1.6 0.4-1.7-0.6-0.2 0.7-1.8 1992 3.9 2.4 10.3-1.1 7.0 7.7 1.6-0.1-2.1 0.0-0.9 0.9-2.1 1993 16.6 2.9 6.1 0.3 4.0 1.4 8.8 8.6-2.0 0.0-0.8 1.0-1.9 1994 13.9 9.6 7.1-12.7 5.3 11.0 1.0 3.0-1.6 0.5-0.8 0.9-1.0 1995-3.7 10.6 7.5-7.3 6.5 3.3 3.4 6.1-1.7 0.3-1.1 1.2-1.3 1996-1.9 8.3 10.1 2.3 9.8 10.2 1.3 0.2-1.8 0.2-0.8 1.3-1.1 1997 2.3 8.8 7.8 4.8 10.1 8.9-4.1-7.1-1.5 0.5-0.7 1.5-0.2 1998-4.4 1.6 8.5-5.6 9.5 12.2-4.2-6.2-2.5 1.5-1.0 1.5-0.6 1999 4.3 4.3 8.1-8.0 8.2 12.6-1.8-2.5-3.0 0.3-0.7 1.3-2.2 2000 6.7 11.8 6.4 23.5 11.8 10.1 1.7 0.6-3.2 1.0-1.1 1.2-2.0 3.8 2.2-0.9 12.8 3.4-0.9-0.2-0.1-3.4 0.9-0.7 1.1-2.1 1.7-2.1-1.1 5.4 0.9 2.9 1.3-2.8-3.1 0.7-0.8 1.2-2.0 2.6 8.9 4.3 7.5 8.0 1.8 0.9 2.6-3.4 0.7-0.8 1.2-2.3-0.8 8.1 4.6 2.5 7.5 3.2 2.2 3.2-3.8 0.7-0.7 1.3-2.6-0.8 7.1 3.8 2.4 6.6 3.8 1.5 1.9-4.0 0.7-0.7 1.3-2.7-0.8 7.1 3.3 2.4 6.2 3.9 0.9 1.1-4.0 0.7-0.7 1.3-2.7 I 4.7 12.2 0.4 17.4 13.2 3.6 2.3 1.0-3.3 1.0-0.8 1.3-1.8 II -4.1 4.2 2.9 18.3 5.3-0.9 1.7 1.9-3.7 0.8-1.1 1.5-2.5 III 5.4-1.1-3.2-2.1-1.0-1.5-3.4-0.3-3.3 1.4-0.1 0.5-1.5 IV 9.8-5.7-3.5 17.0-2.9-4.7-1.3-3.1-3.4 0.4-0.9 1.3-2.6 I -2.7-8.6-3.8-5.4-3.6 0.4 0.3-3.6-3.1 0.7-0.9 1.2-2.2 II 3.6-4.6-3.2 2.3-1.6 2.8 0.1-4.3-2.9 0.7-0.8 1.2-1.8 III 3.1 0.9-0.3 28.4 3.5 3.2 3.7-2.9-3.0 0.7-0.8 1.2-1.9 IV 2.9 4.6 2.9 0.6 5.6 5.3 1.3-0.4-3.2 0.7-0.8 1.2-2.1 I 7.9 8.3 3.7 17.9 7.0 2.2 0.1 1.4-3.3 0.7-0.8 1.2-2.2 II 1.7 8.9 4.1 5.4 8.4 1.5 0.1 2.1-3.4 0.7-0.8 1.2-2.3 III 1.1 9.2 4.6 4.6 8.4 1.5 1.4 3.3-3.5 0.7-0.8 1.2-2.3 IV -0.1 9.2 4.8 3.6 8.2 1.9 1.9 3.5-3.5 0.7-0.7 1.3-2.4 I -0.8 8.9 4.8 2.5 7.9 2.5 2.1 3.4-3.6 0.7-0.7 1.3-2.4 II -0.8 8.4 4.7 2.5 7.5 3.1 2.2 3.3-3.7 0.7-0.7 1.3-2.5 III -0.8 7.8 4.5 2.5 7.3 3.5 2.3 3.2-3.8 0.7-0.7 1.3-2.6 IV -0.8 7.4 4.3 2.5 7.2 3.7 2.2 3.0-3.9 0.7-0.7 1.3-2.7 I -0.8 7.1 4.1 2.4 7.0 3.7 2.1 2.7-4.0 0.7-0.7 1.3-2.7 II -0.8 7.0 3.9 2.4 6.7 3.8 1.7 2.2-4.0 0.7-0.7 1.3-2.7 III -0.8 7.1 3.7 2.4 6.5 3.8 1.2 1.5-4.0 0.7-0.7 1.3-2.7 IV -0.8 7.2 3.6 2.4 6.3 3.8 0.9 1.1-4.0 0.7-0.7 1.3-2.7 I -0.8 7.0 3.4 2.4 6.2 3.9 0.7 0.8-4.0 0.7-0.7 1.3-2.7 II -0.8 7.1 3.4 2.4 6.2 3.9 0.8 0.9-4.0 0.7-0.7 1.3-2.7 III -0.8 7.1 3.3 2.4 6.1 3.9 1.0 1.1-4.0 0.7-0.7 1.3-2.7 IV -0.8 7.1 3.3 2.4 6.1 3.9 1.2 1.3-3.9 0.7-0.7 1.3-2.7 75

Table 9 Cross Exchange Rates Foreign currency units per local currency unit USA Euro Japan Germany France Italy Canada Sweden Switzerland Netherlands Spain Dollar Sterling Yen D-Mark Franc Lire Dollars Kroner Franc Guilder Peseta effective 1991 1.77 1.40 100.8 237.8 2.93 9.99 2196 2.03 10.67 2.53 3.30 185.1 1992 1.77 1.33 96.9 223.9 2.75 9.17 2114 2.13 10.26 2.48 3.10 175.5 1993 1.50 1.26 88.9 167.0 2.48 8.37 2328 1.94 11.69 2.22 2.79 183.8 1994 1.53 1.27 89.2 156.5 2.48 8.61 2483 2.09 11.80 2.10 2.78 207.6 1995 1.58 1.19 84.8 148.4 2.26 7.86 2599 2.17 11.27 1.87 2.53 198.1 1996 1.56 1.21 86.3 169.9 2.35 7.92 2424 2.13 10.47 1.93 2.63 196.4 1997 1.64 1.45 100.5 198.2 2.84 9.28 2713 2.27 12.51 2.38 3.20 233.1 1998 1.66 1.49 103.9 216.7 2.91 9.88 2906 2.46 13.18 2.40 3.29 250.1 1999 1.62 1.52 103.7 184.0 2.97 9.96 2979 2.40 13.38 2.43 3.35 252.6 2000 1.52 1.64 107.5 163.3 3.21 10.76 3234 2.25 13.86 2.55 3.61 272.9 1.44 1.61 105.8 174.9 3.15 10.55 3153 2.23 14.87 2.43 3.54 267.5 1.50 1.57 104.6 189.1 3.07 10.34 3024 2.32 14.03 2.34 3.49 261.6 1.53 1.51 101.3 188.5 2.95 9.89 2941 2.30 12.99 2.29 3.35 250.8 1.50 1.46 98.6 181.5 2.86 9.60 2857 2.25 12.61 2.28 3.25 243.5 1.54 1.43 97.3 181.5 2.80 9.39 2794 2.30 12.34 2.22 3.18 238.2 1.57 1.43 97.7 183.8 2.80 9.39 2794 2.34 12.34 2.22 3.18 238.2 I 1.46 1.58 104.5 172.3 3.09 10.37 3232 2.23 14.23 2.42 3.48 262.9 II 1.42 1.63 106.4 174.1 3.18 10.67 3087 2.19 14.83 2.48 3.59 270.7 III 1.44 1.62 106.1 174.6 3.16 10.58 3108 2.22 15.16 2.43 3.55 268.4 IV 1.44 1.61 106.1 178.5 3.15 10.56 3185 2.28 15.27 2.37 3.55 268.0 I 1.43 1.63 106.9 188.8 3.18 10.68 3007 2.27 14.89 2.40 3.59 270.9 II 1.46 1.59 105.4 185.4 3.11 10.57 3100 2.27 14.57 2.37 3.55 264.9 III 1.56 1.54 103.6 189.6 3.02 10.13 3014 2.37 13.44 2.30 3.43 256.9 IV 1.56 1.52 102.6 192.4 2.98 10.00 2974 2.36 13.20 2.28 3.39 253.5 I 1.55 1.52 102.1 191.6 2.97 9.96 2964 2.34 13.08 2.27 3.37 252.7 II 1.54 1.51 101.6 189.4 2.96 9.91 2949 2.31 13.02 2.29 3.36 251.4 III 1.53 1.50 101.1 187.1 2.94 9.86 2934 2.29 12.95 2.30 3.34 250.1 IV 1.52 1.50 100.6 185.8 2.93 9.81 2919 2.28 12.89 2.30 3.32 248.8 I 1.51 1.48 99.8 184.2 2.90 9.73 2894 2.26 12.78 2.31 3.29 246.7 II 1.50 1.47 99.0 182.5 2.88 9.64 2869 2.25 12.67 2.29 3.27 244.6 III 1.50 1.46 98.2 179.9 2.85 9.56 2844 2.24 12.56 2.27 3.24 242.5 IV 1.50 1.44 97.5 179.4 2.83 9.48 2819 2.25 12.45 2.25 3.21 240.3 I 1.51 1.43 97.0 179.6 2.80 9.39 2794 2.26 12.34 2.22 3.18 238.2 II 1.53 1.43 97.2 180.9 2.80 9.39 2794 2.29 12.34 2.22 3.18 238.2 III 1.55 1.43 97.4 182.3 2.80 9.39 2794 2.31 12.34 2.22 3.18 238.2 IV 1.56 1.43 97.6 183.3 2.80 9.39 2794 2.33 12.34 2.22 3.18 238.2 I 1.57 1.43 97.7 183.9 2.80 9.39 2794 2.34 12.34 2.22 3.18 238.2 II 1.58 1.43 97.7 184.1 2.80 9.39 2794 2.34 12.34 2.22 3.18 238.2 III 1.58 1.43 97.7 183.8 2.80 9.39 2794 2.34 12.34 2.22 3.18 238.2 IV 1.58 1.43 97.7 183.5 2.80 9.39 2794 2.34 12.34 2.22 3.18 238.2 Note : Calculated using RXD for each country 76

Table 10 Labour Market Indicators 000's unless otherwise specified Employees Self- Total Claimant Claimant ILO ILO Labour Working Particip- NAIRU in employ- employ- unemploy- unemploy- unemploy- unemploy- supply popul- ation (%) employment ment ment ment ment ment ment ation ratio rate (%) rate (%) (EE) (ES) (ET) (U) (UP) (UILO) (UPILO) (LS) (POPW) (100*LS/POPW) (NAIRU) 1991 23810 3699 27872 2331 7.8 2556 8.9 30204 35476 85.1 10.5 1992 23321 3450 27111 2779 9.3 2865 10.0 29889 35540 84.1 10.3 1993 23151 3450 26926 2861 9.7 2977 10.4 29788 35604 83.7 9.7 1994 23277 3566 27145 2567 8.7 2723 9.5 29712 35713 83.2 8.9 1995 23535 3614 27385 2273 7.6 2477 8.7 29658 35876 82.7 7.9 1996 23833 3632 27659 2057 6.9 2337 8.2 29717 36056 82.4 6.9 1997 24409 3606 28182 1546 5.2 2027 7.0 29728 36235 82.0 6.0 1998 24989 3513 28634 1338 4.5 1827 6.3 29973 36432 82.3 5.3 1999 25383 3471 28981 1236 4.1 1764 6.0 30217 36669 82.4 4.9 2000 25755 3429 29303 1078 3.6 1617 5.5 30380 36924 82.3 4.5 25941 3431 29469 966 3.2 1510 5.1 30435 37181 81.9 4.1 26008 3440 29539 946 3.1 1532 5.1 30485 37409 81.5 4.0 26075 3467 29632 951 3.1 1506 5.0 30583 37608 81.3 4.0 26198 3529 29817 991 3.2 1506 5.0 30808 37809 81.5 4.0 26334 3591 30016 1075 3.5 1575 5.1 31091 38009 81.8 4.0 26458 3621 30169 1148 3.7 1648 5.3 31317 38200 82.0 4.0 I 25916 3423 29449 986 3.3 1497 5.1 30435 37088 82.1 4.2 II 25939 3442 29484 967 3.2 1484 5.0 30451 37154 82.0 4.1 III 25943 3430 29459 952 3.2 1511 5.1 30411 37212 81.7 4.0 IV 25964 3430 29484 960 3.2 1546 5.2 30444 37271 81.7 4.0 I 25989 3436 29516 948 3.1 1538 5.1 30464 37329 81.6 4.0 II 26001 3440 29531 952 3.1 1542 5.1 30483 37387 81.5 4.0 III 26015 3442 29547 945 3.1 1530 5.1 30492 37436 81.5 4.0 IV 26026 3444 29560 939 3.1 1519 5.0 30499 37485 81.4 4.0 I 26041 3446 29577 941 3.1 1511 5.0 30518 37533 81.3 4.0 II 26060 3459 29609 947 3.1 1507 5.0 30556 37582 81.3 4.0 III 26085 3474 29649 955 3.1 1505 5.0 30604 37633 81.3 4.0 IV 26113 3489 29692 962 3.1 1502 5.0 30653 37683 81.3 4.0 I 26144 3504 29738 970 3.2 1500 5.0 30708 37734 81.4 4.0 II 26178 3520 29788 979 3.2 1499 4.9 30766 37784 81.4 4.0 III 26216 3538 29844 998 3.2 1508 5.0 30842 37833 81.5 4.0 IV 26253 3554 29897 1019 3.3 1519 5.0 30915 37883 81.6 4.0 I 26287 3570 29947 1041 3.4 1541 5.0 30988 37932 81.7 4.0 II 26319 3586 29995 1066 3.4 1566 5.1 31061 37981 81.8 4.0 III 26350 3602 30042 1088 3.5 1588 5.2 31130 38034 81.8 4.0 IV 26382 3607 30079 1108 3.6 1608 5.2 31186 38087 81.9 4.0 I 26412 3613 30115 1126 3.6 1626 5.3 31241 38139 81.9 4.0 II 26443 3618 30151 1141 3.6 1641 5.3 31291 38192 81.9 4.0 III 26473 3624 30187 1156 3.7 1656 5.3 31343 38220 82.0 4.0 IV 26502 3629 30221 1171 3.7 1671 5.4 31391 38248 82.1 4.0 77

Table 11 Labour Market Indicators Annual percent changes, unless otherwise specified Employees Self- Total Claimant Claimant ILO ILO Labour Working Participation NAIRU Productin employ- employ- unemploy- unemploy- unemploy- Unemploy- supply popul- ratio (%) ivity employment ment ment ment ment ment ment ation rate (%) rate (%) (EE) (ES) (ET) (U) (UP) (UILO) (UPILO) (LS) (POPW) (100*LS/POPW) (NAIRU) (100*GDP/ET) (abs diff) (abs diff) (abs diff) (abs diff) (abs diff) (abs diff) 1991-2.7-4.7-3.2 657.4 2.3 466.9 1.6-0.8 0.2-0.9 0.5 1.9 1992-2.1-6.7-2.7 447.5 1.5 309.2 1.1-1.0 0.2-1.0-0.1 3.0 1993-0.7 0.0-0.7 82.6 0.4 111.6 0.4-0.3 0.2-0.4-0.6 3.2 1994 0.5 3.4 0.8-294.2-1.0-253.4-0.9-0.3 0.3-0.5-0.8 3.8 1995 1.1 1.3 0.9-294.3-1.2-246.7-0.9-0.2 0.5-0.5-1.0 2.0 1996 1.3 0.5 1.0-215.5-0.6-140.3-0.5 0.2 0.5-0.3-1.0 1.6 1997 2.4-0.7 1.9-511.4-1.7-309.8-1.2 0.0 0.5-0.4-0.9 1.5 1998 2.4-2.6 1.6-208.0-0.7-199.8-0.7 0.8 0.5 0.2-0.7 1.3 1999 1.6-1.2 1.2-101.9-0.4-62.8-0.3 0.8 0.7 0.1-0.4 1.2 2000 1.5-1.2 1.1-158.4-0.6-147.3-0.5 0.5 0.7-0.1-0.4 2.0 0.7 0.1 0.6-111.5-0.4-107.5-0.4 0.2 0.7-0.4-0.4 1.4 0.3 0.3 0.2-20.4-0.1 22.8 0.0 0.2 0.6-0.4-0.1 1.6 0.3 0.8 0.3 5.0 0.0-26.4-0.1 0.3 0.5-0.2 0.0 2.5 0.5 1.8 0.6 40.3 0.1 0.3 0.0 0.7 0.5 0.2 0.0 1.9 0.5 1.8 0.7 84.1 0.2 69.1 0.2 0.9 0.5 0.3 0.0 1.8 0.5 0.8 0.5 72.8 0.2 72.8 0.2 0.7 0.5 0.2 0.0 2.2 I 1.1-0.5 0.9-153.9-0.5-205.0-0.7 0.3 0.7-0.3-0.4 1.4 II 0.9 0.0 0.7-127.1-0.4-134.0-0.5 0.3 0.7-0.4-0.4 1.4 III 0.6 0.4 0.5-91.5-0.3-76.0-0.3 0.1 0.7-0.5-0.4 1.4 IV 0.3 0.3 0.2-73.3-0.2-15.0-0.1 0.0 0.7-0.6-0.3 1.2 I 0.3 0.4 0.2-38.4-0.2 41.0 0.0 0.1 0.7-0.5-0.2 0.9 II 0.2-0.1 0.2-14.9-0.1 58.4 0.1 0.1 0.6-0.4-0.1 1.5 III 0.3 0.3 0.3-6.4-0.1 19.4 0.0 0.3 0.6-0.3 0.0 1.6 IV 0.2 0.4 0.3-21.8-0.1-27.5-0.2 0.2 0.6-0.3 0.0 2.2 I 0.2 0.3 0.2-7.1 0.0-27.5-0.1 0.2 0.5-0.3 0.0 2.8 II 0.2 0.6 0.3-5.9 0.0-35.9-0.1 0.2 0.5-0.2 0.0 2.4 III 0.3 0.9 0.3 9.9 0.0-25.1-0.1 0.4 0.5-0.1 0.0 2.4 IV 0.3 1.3 0.4 23.0 0.1-17.0-0.1 0.5 0.5 0.0 0.0 2.3 I 0.4 1.7 0.5 29.8 0.1-10.2-0.1 0.6 0.5 0.1 0.0 2.1 II 0.5 1.8 0.6 32.0 0.1-8.0-0.1 0.7 0.5 0.1 0.0 1.9 III 0.5 1.8 0.7 42.2 0.1 2.2 0.0 0.8 0.5 0.2 0.0 1.8 IV 0.5 1.9 0.7 57.0 0.2 17.0 0.0 0.9 0.5 0.3 0.0 1.7 I 0.5 1.9 0.7 70.2 0.2 40.2 0.1 0.9 0.5 0.3 0.0 1.7 II 0.5 1.9 0.7 87.0 0.3 67.0 0.2 1.0 0.5 0.4 0.0 1.7 III 0.5 1.8 0.7 90.0 0.3 80.0 0.2 0.9 0.5 0.3 0.0 1.9 IV 0.5 1.5 0.6 89.0 0.3 89.0 0.2 0.9 0.5 0.3 0.0 2.0 I 0.5 1.2 0.6 85.0 0.2 85.0 0.2 0.8 0.5 0.2 0.0 2.2 II 0.5 0.9 0.5 75.0 0.2 75.0 0.2 0.7 0.6 0.2 0.0 2.2 III 0.5 0.6 0.5 68.0 0.2 68.0 0.2 0.7 0.5 0.2 0.0 2.2 IV 0.5 0.6 0.5 63.0 0.2 63.0 0.2 0.7 0.4 0.2 0.0 2.2 78

Table 12 Company Sector and Supply Side Billion pounds 1995 prices, unless otherwise specified Business Dwellings General Total Capital Potential Output Capacity Profit Profits Profits Stockinvestment investment gov't investment stock output gap utili- margins as a % market investment (%) sation (1995=100) of GDP index rate (IPNR (IPRD (GI (IF (K (YHAT (%) (100*PPI (COGTP (100*COGTP) /1000) /1000) /1000) /1000) /1000) /1000) (CUMOD) (CU) /TCOST) /1000) /GDP! (PSH) 1991 74.0 16.6 13.4 109.5 1673.6 654.5-0.7 67.0 96.2 118.9 20.3 1187.3 1992 71.2 17.3 14.2 108.6 1703.9 665.4-2.1 69.0 98.1 126.1 20.6 1224.2 1993 68.5 18.4 14.7 108.9 1725.6 682.0-2.1 64.8 98.8 142.2 22.1 1457.4 1994 71.8 19.1 15.3 114.0 1746.3 700.6-0.2 55.3 100.1 162.9 23.9 1574.5 1995 77.4 18.9 14.1 117.4 1772.7 719.7-0.1 46.0 100.0 171.0 23.8 1647.1 1996 84.5 19.6 11.1 123.0 1805.0 739.4-0.2 51.3 100.7 185.7 24.4 1894.7 1997 93.1 20.8 9.7 131.4 1841.7 759.5 0.5 50.5 100.9 193.4 23.8 2235.8 1998 110.2 21.0 9.8 148.3 1891.7 780.2 0.7 54.5 99.6 202.9 23.6 2626.2 1999 112.0 20.3 10.2 149.1 1948.0 801.3 0.4 61.8 100.1 202.9 22.5 2918.2 2000 114.0 20.6 10.5 152.0 2007.0 822.5 0.9 59.5 99.9 213.0 22.4 3045.8 113.1 19.2 11.7 151.3 2062.9 843.9 0.2 61.8 98.1 210.6 21.3 2681.2 106.0 20.7 14.5 147.3 2106.7 865.2-0.5 68.0 98.2 234.5 22.6 2332.6 108.1 21.1 16.2 151.7 2146.4 886.9-0.2 69.4 97.5 250.6 23.0 2681.2 111.9 21.3 17.8 157.5 2186.3 909.1-0.2 69.6 96.2 261.5 22.9 3203.1 114.9 21.9 18.9 162.3 2226.1 931.8-0.2 69.8 95.7 275.5 23.0 3656.7 118.0 22.5 19.6 166.9 2265.2 955.1 0.0 69.7 95.5 293.4 23.3 3935.0 I 29.2 5.0 2.5 38.5 2043.8 209.0 0.5 57.0 98.8 52.4 21.5 2898.3 II 29.0 4.6 3.0 38.6 2057.5 210.3 0.5 64.0 97.6 51.5 20.8 2799.9 III 27.5 4.8 3.0 37.2 2069.4 211.6 0.2 67.0 98.1 52.8 21.4 2543.4 IV 27.4 4.8 3.1 37.1 2081.0 213.0-0.4 59.0 98.0 53.9 21.5 2483.1 I 26.6 5.1 3.4 36.5 2091.5 214.3-0.8 66.0 97.3 55.6 21.8 2511.0 II 26.4 5.1 3.6 36.7 2101.7 215.6-0.4 72.0 98.2 58.5 22.6 2469.5 III 26.5 5.2 3.7 36.9 2111.8 217.0-0.4 66.0 98.7 59.2 22.6 2100.0 IV 26.6 5.2 3.8 37.2 2121.7 218.3-0.4 67.8 98.8 61.2 23.2 2250.0 I 26.7 5.3 3.9 37.4 2131.6 219.7-0.3 68.8 98.3 63.2 23.5 2502.9 II 26.9 5.3 4.0 37.7 2141.5 221.0-0.2 69.6 97.3 60.9 22.5 2624.2 III 27.1 5.3 4.1 38.1 2151.4 222.4-0.2 69.8 97.1 62.1 22.7 2742.1 IV 27.4 5.3 4.2 38.5 2161.3 223.8-0.2 69.5 97.1 64.4 23.2 2855.4 I 27.7 5.3 4.3 38.8 2171.3 225.2-0.2 69.5 96.8 66.0 23.4 3069.8 II 27.9 5.3 4.4 39.2 2181.3 226.6-0.2 69.5 96.2 64.2 22.6 3149.2 III 28.1 5.3 4.5 39.6 2191.3 228.0-0.2 69.6 95.7 64.6 22.5 3241.0 IV 28.3 5.4 4.6 39.9 2201.3 229.4-0.3 69.7 95.9 66.8 23.0 3352.3 I 28.5 5.4 4.6 40.2 2211.3 230.8-0.3 69.7 95.8 68.4 23.2 3587.0 II 28.6 5.5 4.7 40.4 2221.2 232.2-0.3 69.8 95.6 67.4 22.6 3634.7 III 28.8 5.5 4.7 40.7 2231.0 233.7-0.2 69.8 95.6 68.4 22.7 3676.6 IV 29.0 5.5 4.8 41.0 2240.8 235.1-0.1 69.8 95.9 71.3 23.4 3728.5 I 29.2 5.6 4.8 41.3 2250.6 236.6-0.1 69.7 95.9 73.7 23.7 3908.7 II 29.4 5.6 4.9 41.6 2260.3 238.0 0.0 69.7 95.5 71.7 22.9 3915.8 III 29.6 5.6 4.9 41.9 2270.0 239.5 0.0 69.7 95.3 72.5 22.9 3937.2 IV 29.8 5.7 4.9 42.1 2279.7 241.0 0.0 69.7 95.4 75.4 23.6 3978.4 79

Table 13 Company Sector and Supply Side Annual percent changes, unless otherwise specified Business Dwellings General Total Capital Potential Output Capacity Profit Profits Profits Stockinvestment investment gov't investment stock output gap utili- margins as a % market investment (%) sation of GDP index rate (%) (100*PPI (100*COGTP) (IPNR) (IPRD) (GI) (IF) (K) (YHAT) (CUMOD) (CU) /TCOST) (COGTP) /GDP! (PSH) (abs diff) (abs diff) (abs diff) 1991-8.2-11.5 0.7-8.2 2.3 1.3-2.6 18.5 1.3-3.0-1.7 8.7 1992-3.8 4.3 6.6-0.9 1.8 1.7-1.4 2.0 2.0 6.1 0.4 3.1 1993-3.7 6.0 3.4 0.3 1.3 2.5 0.0-4.3 0.7 12.7 1.5 19.0 1994 4.8 3.9 3.9 4.7 1.2 2.7 1.9-9.5 1.3 14.5 1.8 8.0 1995 7.8-1.1-8.1 3.1 1.5 2.7 0.2-9.3-0.1 5.0-0.1 4.6 1996 9.1 4.0-20.7 4.7 1.8 2.7-0.1 5.3 0.7 8.6 0.6 15.0 1997 10.2 6.2-12.9 6.9 2.0 2.7 0.7-0.8 0.2 4.1-0.5 18.0 1998 18.4 0.7 1.1 12.8 2.7 2.7 0.2 4.0-1.3 4.9-0.2 17.5 1999 1.6-3.4 3.4 0.6 3.0 2.7-0.3 7.3 0.5 0.0-1.1 11.1 2000 1.8 1.5 3.9 1.9 3.0 2.6 0.4-2.3-0.2 5.0-0.1 4.4-0.7-6.4 10.9-0.4 2.8 2.6-0.7 2.3-1.8-1.1-1.1-12.0-6.3 7.4 24.0-2.7 2.1 2.5-0.7 6.2 0.1 11.3 1.2-13.0 2.0 2.1 11.5 3.0 1.9 2.5 0.3 1.5-0.8 6.9 0.4 14.9 3.5 1.0 9.9 3.8 1.9 2.5 0.0 0.2-1.3 4.3-0.1 19.5 2.7 2.8 6.2 3.1 1.8 2.5 0.0 0.2-0.4 5.4 0.1 14.2 2.7 2.6 3.6 2.8 1.8 2.5 0.2 0.0-0.2 6.5 0.3 7.6 I 5.8-2.7 3.3 3.8 3.0 2.6-0.3-4.0-1.3-2.6-1.6-4.9 II 4.6-13.8 12.4 3.2 2.9 2.6-0.5 2.0-2.4-5.3-2.1-7.0 III -3.4-5.7 20.7-1.7 2.7 2.6-0.7 11.0-2.0-0.6-0.8-18.1 IV -9.0-3.2 7.3-6.7 2.5 2.6-1.1 0.0-1.6 4.4 0.1-17.7 I -8.9 1.7 33.5-5.1 2.3 2.6-1.4 9.0-1.5 6.1 0.3-13.4 II -9.1 11.6 19.2-5.0 2.2 2.5-0.9 8.0 0.6 13.5 1.8-11.8 III -3.9 8.1 22.2-0.7 2.0 2.5-0.6-1.0 0.6 12.1 1.2-17.4 IV -3.1 8.4 22.7 0.2 2.0 2.5 0.0 8.8 0.8 13.6 1.6-9.4 I 0.6 3.5 15.2 2.4 1.9 2.5 0.5 2.8 1.1 13.5 1.7-0.3 II 1.9 2.5 10.4 2.9 1.9 2.5 0.2-2.5-0.9 4.2-0.1 6.3 III 2.5 1.7 10.4 3.2 1.9 2.5 0.2 3.8-1.6 5.0 0.0 30.6 IV 3.1 0.7 10.4 3.5 1.9 2.5 0.2 1.7-1.7 5.2 0.1 26.9 I 3.5 0.1 10.4 3.7 1.9 2.5 0.1 0.6-1.6 4.4-0.1 22.6 II 3.7 0.6 10.4 3.9 1.9 2.5 0.0 0.0-1.1 5.4 0.1 20.0 III 3.6 1.1 9.8 3.9 1.9 2.5-0.1-0.1-1.4 4.0-0.2 18.2 IV 3.3 2.0 9.0 3.7 1.9 2.5-0.1 0.2-1.3 3.7-0.2 17.4 I 2.9 3.0 8.0 3.5 1.8 2.5-0.1 0.3-1.1 3.8-0.2 16.8 II 2.7 2.9 6.7 3.1 1.8 2.5-0.1 0.2-0.6 5.0 0.0 15.4 III 2.6 2.7 5.6 2.9 1.8 2.5 0.0 0.1-0.1 5.9 0.2 13.4 IV 2.5 2.6 4.8 2.8 1.8 2.5 0.1 0.1 0.1 6.7 0.4 11.2 I 2.6 2.5 4.3 2.8 1.8 2.5 0.2 0.0 0.1 7.6 0.6 9.0 II 2.7 2.3 3.8 2.8 1.8 2.5 0.2 0.0-0.1 6.4 0.3 7.7 III 2.7 2.8 3.3 2.8 1.8 2.5 0.2 0.0-0.4 6.1 0.2 7.1 IV 2.7 2.8 2.8 2.7 1.7 2.5 0.2-0.1-0.5 5.8 0.2 6.7 80

Table 14 Inflation Indicators Annual percent changes, unless otherwise specified Average Unit Labour Costs GDP GDP Producer Consumer Consumers' Govt Investment Non-Fuel Non-Fuel earnings whole manu- deflator deflator prices prices expend- consump- deflator goods goods economy facturing (basic (market iture tion deflator deflator prices) prices) deflator deflator exports imports (ER) (WC) (WCMF) (PGDP) (PGDPMP) (PPI) (CPI) (PC) (PGC) (PIF) (PXGNF) (PMGNF) 1991 8.9 7.7 6.5 5.6 6.6 4.7 5.8 8.3 6.9 0.3 1.4 0.1 1992 5.6 3.3 1.4 3.9 4.0 2.3 3.7 5.0 5.6-3.5 1.8-0.2 1993 3.6 0.4 1.0 2.8 2.6 2.6 1.6 3.1 2.5 0.1 9.5 8.1 1994 2.8-1.3 0.1 1.0 1.4 2.3 2.5 1.9 2.5 2.4 1.3 3.9 1995 3.4 1.6 1.7 2.2 2.6 4.1 3.4 3.1 1.7 5.2 3.4 7.0 1996 3.2 2.3 4.0 3.4 3.3 1.9 2.4 2.8 2.9 2.3 0.1-0.7 1997 4.5 3.2 3.3 2.7 2.9 0.2 3.1 2.3 1.6-0.2-5.0-7.1 1998 4.5 4.3 3.9 2.4 3.0-0.1 3.4 2.8 2.2-0.3-4.3-6.8 1999 4.2 3.5 0.4 2.2 2.5-0.3 1.6 1.5 4.4 1.2-4.3-3.9 2000 4.3 3.3-0.2 2.1 2.2 0.8 2.9 0.8 4.5 1.6-2.2-1.0 5.1 4.0 2.4 2.6 2.0 0.2 1.8 0.5 4.9 2.5 0.3-0.5 4.0 2.1 2.1 3.4 3.3 0.2 1.4 1.0 5.4 1.3 0.7-3.1 4.2 2.1 0.5 2.1 2.2 0.3 2.8 1.9 1.6 2.1 0.1 2.0 4.5 2.6 0.7 2.2 2.3 0.5 2.9 2.3 3.1 2.2 1.6 3.0 4.4 2.5 1.2 2.3 2.4 0.8 2.6 2.4 3.1 2.3 1.3 1.8 4.2 2.0 1.1 2.1 2.2 0.8 1.9 2.2 2.8 2.1 0.9 1.0 I 5.7 5.8 0.5 2.8 2.3 0.4 2.6 0.3 5.1 1.7 0.9-0.4 II 5.9 4.6 2.3 2.6 2.2 0.3 1.9 0.7 5.9 2.4 0.6 1.1 III 4.6 3.4 3.3 1.8 1.2 0.1 1.8 0.6 4.1 3.6 0.0 0.1 IV 4.3 2.3 3.6 3.1 2.2 0.0 1.0 0.2 4.7 2.4-0.2-2.7 I 3.6 2.3 4.5 3.9 3.4 0.1 1.2 1.0 6.5 2.0 0.6-3.6 II 4.0 2.2 1.8 2.9 3.0 0.3 1.2 0.8 5.5 0.3 0.8-4.6 III 4.2 2.2 1.8 3.9 4.0 0.3 1.3 0.9 5.8 0.4 1.0-3.4 IV 4.2 1.8 0.4 2.9 3.0 0.3 2.0 1.4 3.9 2.5 0.4-0.7 I 4.4 1.2-0.7 2.2 2.3 0.4 2.3 1.5 1.9 2.2-0.7 1.0 II 4.0 2.2 1.3 2.0 2.1 0.2 2.7 1.9 1.3 2.0-0.4 1.7 III 4.1 2.3 0.7 2.0 2.1 0.2 3.0 2.1 1.4 2.0 0.6 2.6 IV 4.3 2.5 0.7 2.1 2.2 0.3 3.1 2.2 2.0 2.1 1.1 2.9 I 4.3 2.7 0.8 2.2 2.3 0.4 3.2 2.3 2.6 2.2 1.3 2.9 II 4.4 2.4 0.3 2.2 2.3 0.5 2.9 2.3 3.1 2.2 1.6 3.0 III 4.5 2.6 0.8 2.1 2.2 0.6 2.7 2.2 3.3 2.1 1.8 3.0 IV 4.5 2.7 1.1 2.2 2.3 0.7 2.6 2.3 3.4 2.2 1.9 2.9 I 4.5 2.7 1.2 2.2 2.3 0.8 2.6 2.3 3.3 2.2 1.8 2.7 II 4.5 2.6 1.2 2.3 2.4 0.8 2.6 2.4 3.1 2.3 1.5 2.1 III 4.4 2.4 1.2 2.2 2.3 0.8 2.6 2.3 3.0 2.2 1.1 1.5 IV 4.3 2.2 1.2 2.2 2.3 0.8 2.4 2.3 2.9 2.2 0.9 1.0 I 4.3 2.1 1.1 2.2 2.3 0.8 2.2 2.3 2.9 2.2 0.7 0.8 II 4.2 2.0 1.1 2.1 2.2 0.8 1.9 2.2 2.8 2.1 0.8 0.8 III 4.2 1.9 1.1 2.1 2.2 0.8 1.7 2.2 2.8 2.1 0.9 1.0 IV 4.1 1.9 1.1 2.1 2.2 0.8 1.8 2.2 2.8 2.1 1.1 1.2 81

Table 15 Government Finances Billion pounds ---------------------- Receipts --------------------------- ------------------------------ Expenditure -------------------------- General Gross Net Income Expend- Social Other Total Consumption Investment Transfers Other Total Government Debt Debt Tax Iture Security To Balance Tax Contri- (GREV- Persons (GEXP-GC!- Butions TY-TX 0.01*PIF*GI (TY (TX (TP+TSS) -TP-TSS) (GREV (GC! (0.01*PIF*GI) (GCGPE -GCGPE) (GEXP (GB (GGDBT (GNDBT /1000) /1000) /1000 /1000 /1000) /1000) /1000 /1000) /1000 /1000) /1000) /1000) /1000) Years Beginning Q2 1991 68.3 63.8 38.9 56.6 227.6 124.1 13.2 77.8 33.9 248.9-21.3 201.9 113.6 1992 65.5 64.4 39.3 56.1 225.2 130.4 13.7 85.1 41.5 270.7-45.5 234.5 165.5 1993 65.8 68.0 42.1 55.6 231.5 132.2 13.8 90.5 46.8 283.3-51.8 283.1 232.8 1994 70.5 75.8 44.8 59.5 250.6 137.8 14.3 92.2 51.7 295.9-45.3 327.3 276.1 1995 75.6 80.7 47.1 66.2 269.5 142.5 13.8 95.2 55.3 306.7-37.2 367.8 311.7 1996 75.9 84.9 49.3 71.4 281.5 146.9 10.7 99.0 56.7 313.4-31.9 396.5 341.1 1997 78.7 94.6 53.6 81.1 307.9 150.1 9.8 101.2 59.2 320.3-12.4 410.3 356.6 1998 92.3 100.0 57.0 83.6 332.9 157.9 10.2 102.7 57.1 327.9 5.0 408.6 354.4 1999 97.8 108.8 58.4 90.5 355.6 168.9 10.2 107.5 55.9 342.4 13.2 403.9 349.4 2000 108.6 113.3 64.7 93.2 379.8 181.2 11.2 113.6 58.1 364.0 15.8 395.2 315.8 112.0 115.8 67.2 99.0 394.0 195.7 13.5 124.2 59.7 393.2 0.7 386.5 302.1 119.8 123.1 69.5 96.0 408.4 212.2 16.4 131.3 58.9 418.8-10.4 396.0 311.3 127.6 129.3 80.3 102.1 439.3 224.9 18.5 140.1 68.8 452.3-13.0 407.9 323.2 134.6 135.7 84.3 108.7 463.2 241.7 20.6 150.7 65.4 478.4-15.2 422.9 338.2 140.5 141.6 88.5 122.3 493.0 257.3 22.2 163.1 68.5 511.2-18.2 439.7 355.0 146.6 148.8 92.6 128.8 516.7 271.7 23.4 177.0 61.0 533.0-16.3 456.4 371.7 I 28.5 28.2 16.5 23.0 96.2 46.3 2.7 29.3 13.7 92.0 4.3 383.6 306.0 II 27.7 28.7 16.8 22.8 96.0 47.2 3.3 30.4 11.5 92.4 3.6 387.6 302.5 III 27.5 29.1 16.8 22.8 96.3 47.6 3.3 30.8 11.3 92.9 3.4 382.1 299.1 IV 28.2 28.8 16.8 25.7 99.6 49.5 3.3 31.8 17.4 102.0-2.5 386.2 301.5 I 28.6 29.2 16.8 27.6 102.1 51.4 3.7 31.3 19.5 105.9-3.7 390.0 305.3 II 29.1 30.4 17.1 24.2 100.8 52.3 3.9 32.1 14.8 103.1-2.3 392.3 307.5 III 29.6 30.6 17.3 24.0 101.6 52.7 4.0 32.5 14.4 103.7-2.0 394.3 309.6 IV 30.2 31.2 17.5 23.5 102.4 53.4 4.2 33.6 14.1 105.2-2.8 397.2 312.4 I 30.8 30.9 17.7 24.3 103.6 53.8 4.3 33.1 15.6 106.8-3.2 400.4 315.6 II 31.2 31.6 19.7 24.5 107.1 55.1 4.4 34.1 15.8 109.4-2.4 402.7 318.0 III 31.7 32.3 19.9 25.3 109.2 55.7 4.5 34.6 17.7 112.5-3.3 406.0 321.2 IV 32.1 32.9 20.2 25.6 110.8 56.6 4.7 35.9 17.2 114.5-3.6 409.6 324.9 I 32.6 32.5 20.4 26.6 112.2 57.5 4.9 35.5 18.1 115.9-3.7 413.3 328.6 II 33.0 33.3 20.7 26.6 113.5 59.1 5.0 36.6 16.7 117.4-3.9 417.2 332.5 III 33.4 33.9 21.0 26.7 115.0 59.9 5.1 37.2 16.9 119.1-4.0 421.3 336.5 IV 33.9 34.5 21.2 27.1 116.6 60.9 5.2 38.6 15.3 120.1-3.5 424.8 340.1 I 34.2 34.1 21.5 28.3 118.1 61.8 5.4 38.3 16.4 121.8-3.7 428.5 343.8 II 34.6 34.8 21.7 30.1 121.2 63.3 5.4 39.6 16.8 125.1-3.9 432.4 347.7 III 35.0 35.4 22.0 30.1 122.5 63.8 5.5 40.2 17.8 127.3-4.9 437.3 352.6 IV 35.3 36.0 22.2 30.4 123.9 64.8 5.6 41.8 16.7 128.9-5.0 442.3 357.6 I 35.7 35.5 22.5 31.7 125.4 65.5 5.7 41.4 17.2 129.9-4.5 446.7 362.0 II 36.1 36.4 22.7 32.3 127.5 66.9 5.7 42.8 15.5 131.0-3.4 450.2 365.4 III 36.5 37.1 23.0 31.6 128.3 67.4 5.8 43.4 15.5 132.2-3.9 454.1 369.4 IV 36.9 37.8 23.3 31.6 129.7 68.3 5.9 45.1 14.8 134.1-4.4 458.5 373.8 82

Table 16 Government Finances Annual percent changes, unless otherwise specified ---------------------- Receipts --------------------------- ------------------------------ Expenditure -------------------------- General Debt-Gdp Debt-Gdp Income Expend- Social Other Total Consumption Investment Transfers Other Total Government Ratio Ratio Tax iture Security To Balance Gross Net Tax Contri- Persons as a % Butions (GREV- (GEXP-GC!- of GDP (GGDBT (GNDBT TY-TX 0.01*PIF*GI (GB*100 *100 *100 (TY) (TX) (TP+TSS) -TP-TSS) (GREV) (GC!) (0.01*PIF*GI) (GCGPE) -GCGPE) (GEXP) /GDP!) /GDP!) /GDP!) Years Beginning Q2 1991 13.3 14.7 5.8-6.0 6.9 9.9 5.6 25.7-2.4 12.1-3.6 34.0 19.2 1992-4.2 0.9 0.9-0.9-1.1 5.1 4.1 9.5 22.3 8.7-7.4 38.0 26.8 1993 0.5 5.6 7.2-0.9 2.8 1.4 0.4 6.3 12.9 4.6-7.9 43.4 35.7 1994 7.1 11.5 6.4 7.0 8.2 4.2 3.9 1.8 10.3 4.5-6.6 47.3 39.9 1995 7.3 6.4 5.1 11.2 7.6 3.4-3.3 3.3 7.1 3.7-5.1 50.5 42.8 1996 0.3 5.3 4.6 8.0 4.4 3.1-22.5 4.1 2.5 2.2-4.1 51.3 44.1 1997 3.8 11.3 8.7 13.5 9.4 2.2-8.6 2.2 4.4 2.2-1.5 49.8 43.3 1998 17.3 5.7 6.4 3.1 8.1 5.2 4.7 1.5-3.6 2.4 0.6 47.0 40.8 1999 5.9 8.8 2.5 8.4 6.8 7.0-0.5 4.6-2.1 4.4 1.4 44.1 38.2 2000 11.1 4.1 10.7 3.0 6.8 7.3 9.5 5.7 3.9 6.3 1.6 41.1 32.9 3.1 2.2 3.9 6.2 3.7 8.0 21.1 9.3 2.9 8.0 0.1 38.7 30.2 6.9 6.3 3.5-3.0 3.7 8.4 21.4 5.7-1.4 6.5-1.0 37.6 29.6 6.6 5.0 15.5 6.3 7.6 6.0 12.6 6.7 16.8 8.0-1.2 36.9 29.3 5.4 4.9 5.0 6.5 5.5 7.5 11.7 7.5-4.9 5.8-1.3 36.5 29.2 4.4 4.4 4.9 12.5 6.4 6.5 7.7 8.2 4.8 6.9-1.5 36.2 29.2 4.3 5.0 4.7 5.3 4.8 5.6 5.3 8.5-11.0 4.3-1.3 35.8 29.1 I 12.7 2.1 9.6 1.5 6.2 7.9 5.1 6.5 1.0 6.3 1.8 39.3 31.4 II 6.5 1.4 6.8 1.2 3.7 6.9 15.1 9.3-4.6 6.3 1.4 39.2 30.6 III 3.4 3.2 4.6 0.3 2.8 5.5 25.1 10.0-19.9 3.5 1.4 38.7 30.3 IV 2.6 0.9 2.7 3.2 2.3 8.7 9.8 11.2-4.4 7.0-1.0 38.6 30.1 I 0.3 3.5 1.6 19.9 6.1 11.0 36.1 6.9 42.6 15.1-1.5 38.2 29.9 II 5.2 5.9 2.0 6.1 5.1 10.6 19.7 5.8 28.2 11.6-0.9 37.9 29.7 III 7.6 5.2 2.8 5.3 5.5 10.8 22.6 5.5 27.9 11.6-0.8 37.7 29.6 IV 7.1 8.3 3.9-8.8 2.8 7.8 25.8 5.7-19.1 3.1-1.1 37.6 29.5 I 7.7 5.9 5.1-11.9 1.4 4.7 17.8 5.8-20.1 0.9-1.2 37.2 29.4 II 7.3 4.0 15.2 1.3 6.2 5.4 12.5 6.2 6.9 6.1-0.9 37.1 29.3 III 6.9 5.3 15.3 5.2 7.5 5.5 12.6 6.6 22.4 8.5-1.2 37.0 29.3 IV 6.3 5.4 15.6 9.1 8.2 6.1 12.7 6.9 22.2 8.8-1.3 36.9 29.3 I 5.9 5.4 15.7 9.6 8.3 6.8 12.8 7.2 16.1 8.5-1.3 36.6 29.1 II 5.8 5.1 4.9 8.3 6.0 7.3 12.8 7.2 5.7 7.3-1.4 36.7 29.2 III 5.5 5.0 5.1 5.7 5.3 7.5 12.2 7.4-4.0 5.9-1.4 36.7 29.3 IV 5.3 4.9 5.1 5.6 5.2 7.6 11.4 7.6-11.0 5.0-1.2 36.5 29.3 I 5.1 4.7 5.1 6.4 5.3 7.5 10.4 7.9-9.4 5.1-1.3 36.2 29.1 II 4.7 4.6 5.0 13.4 6.8 7.0 9.1 8.2 0.7 6.6-1.3 36.3 29.2 III 4.5 4.3 4.9 12.8 6.5 6.6 8.0 8.3 4.8 7.0-1.6 36.3 29.3 IV 4.4 4.3 4.9 12.2 6.3 6.3 7.2 8.3 8.7 7.3-1.6 36.2 29.3 I 4.2 4.4 4.8 11.8 6.2 6.0 6.6 8.2 5.3 6.6-1.4 36.0 29.1 II 4.3 4.7 4.7 7.3 5.2 5.8 6.0 8.1-8.2 4.7-1.1 35.9 29.2 III 4.5 5.0 4.7 4.8 4.7 5.7 5.5 7.9-12.7 3.8-1.2 35.9 29.2 IV 4.6 5.2 4.6 4.2 4.7 5.5 5.0 7.8-11.2 4.1-1.4 35.8 29.2 83

Table 17 Public Finances Billion pounds, unless otherwise specified -- General Govt. --- --- Expenditure ---- Privatisation Proceeds --- General Govt. --- ---- Receipts -------- PublicSector --- Net Borrowing --- PSBR (Note 1) ----------------------------- ---- PSBR Excl. ----------- --- Privatisation---------- Pounds % of GDP Pounds % of GDP Pounds % of Pounds % of GDP Proceeds ------------- Billion Billion Billion GDP Billion Pds Bn % of GDP ((GEXP+GTSEC)/ (-GTSEC) (GREV/ (-(GB+PCBR) (PSBR ((PSBR-GTSEC) 1000) 1000) /1000) /1000) /1000) Years Beginning Q2 1991 240.5 40.5 8.4 227.6 38.4 21.9 3.7 13.9 2.3 22.3 3.8 1992 262.5 42.5 8.2 225.2 36.5 46.1 7.5 36.3 5.9 44.5 7.2 1993 277.8 42.6 5.5 231.5 35.5 51.8 7.9 46.1 7.1 51.6 7.9 1994 289.4 41.8 6.5 250.6 36.2 43.2 6.3 36.7 5.3 43.2 6.2 1995 304.3 41.7 2.5 269.5 37.0 35.6 4.9 31.5 4.3 33.9 4.7 1996 308.9 40.0 4.4 281.5 36.4 30.1 3.9 22.7 2.9 27.2 3.5 1997 318.5 38.7 1.8 307.9 37.4 11.3 1.4 1.1 0.1 2.9 0.4 1998 327.8 37.7 0.1 332.9 38.3-5.0-0.6-7.0-0.8-6.9-0.8 1999 341.8 37.4 0.5 355.6 38.9-13.0-1.4-8.6-0.9-8.1-0.9 2000 363.9 37.9 0.1 379.8 39.5-15.4-1.6-37.2-3.9-37.1-3.9 392.5 39.3 0.7 394.0 39.4-1.2-0.1 3.3 0.3 4.0 0.4 418.5 39.7 0.3 408.4 38.8 10.4 1.0 11.1 1.1 11.4 1.1 451.9 40.9 0.4 439.3 39.8 13.0 1.2 13.6 1.2 14.0 1.3 478.0 41.3 0.4 463.2 40.0 15.2 1.3 15.8 1.4 16.2 1.4 510.8 42.0 0.4 493.0 40.6 18.2 1.5 18.8 1.6 19.2 1.6 532.6 41.7 0.4 516.7 40.5 16.3 1.3 16.9 1.3 17.3 1.4 I 92.0 37.7 0.0 96.2 39.5-4.1-1.7-5.8-2.4-5.8-2.4 II 92.4 37.4 0.0 96.0 38.8-3.1-1.3 2.2 0.9 2.2 0.9 III 92.2 37.4 0.7 96.3 39.0-3.3-1.4-0.8-0.3-0.1 0.0 IV 102.0 40.7 0.0 99.6 39.8 1.7 0.7 0.8 0.3 0.8 0.3 I 105.9 41.5 0.0 102.1 40.1 3.5 1.4 1.2 0.5 1.2 0.5 II 103.1 39.9 0.0 100.8 39.0 2.3 0.9 2.5 1.0 2.5 1.0 III 103.6 39.6 0.1 101.6 38.9 2.0 0.8 2.2 0.8 2.3 0.9 IV 105.1 39.8 0.1 102.4 38.7 2.8 1.1 3.0 1.1 3.1 1.2 I 106.7 39.7 0.1 103.6 38.5 3.2 1.2 3.4 1.2 3.5 1.3 II 109.3 40.3 0.1 107.1 39.5 2.4 0.9 2.5 0.9 2.6 1.0 III 112.4 41.0 0.1 109.2 39.8 3.3 1.2 3.4 1.2 3.5 1.3 IV 114.4 41.2 0.1 110.8 39.9 3.6 1.3 3.8 1.4 3.9 1.4 I 115.8 41.0 0.1 112.2 39.8 3.7 1.3 3.9 1.4 4.0 1.4 II 117.3 41.3 0.1 113.5 39.9 3.9 1.4 4.0 1.4 4.1 1.5 III 119.0 41.4 0.1 115.0 40.1 4.0 1.4 4.2 1.5 4.3 1.5 IV 120.0 41.3 0.1 116.6 40.1 3.5 1.2 3.7 1.3 3.8 1.3 I 121.7 41.2 0.1 118.1 39.9 3.7 1.3 3.9 1.3 4.0 1.3 II 125.0 41.9 0.1 121.2 40.7 3.9 1.3 4.1 1.4 4.2 1.4 III 127.2 42.2 0.1 122.5 40.6 4.9 1.6 5.0 1.7 5.1 1.7 IV 128.8 42.2 0.1 123.9 40.6 5.0 1.6 5.1 1.7 5.2 1.7 I 129.8 41.8 0.1 125.4 40.4 4.5 1.4 4.6 1.5 4.7 1.5 II 130.9 41.8 0.1 127.5 40.7 3.4 1.1 3.6 1.1 3.7 1.2 III 132.1 41.7 0.1 128.3 40.5 3.9 1.2 4.1 1.3 4.2 1.3 IV 134.0 41.8 0.1 129.7 40.5 4.4 1.4 4.6 1.4 4.7 1.5 Note 1 : Public Sector Net Cash Requirement 84